Difference between revisions of "Creditor"

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(Related coursework)
 
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[[Creditor]] is anyone, but the owner, who has a claim to [[assets]] of a [[legal entity]].
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[[Creditor]] is anyone who has a claim to assets of a [[legal entity]], but not an owner of this entity. For instance, a [[creditor]] can be the person or business to whom another business owes money for purchases made.  
  
  
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*[[Bookkeeping]]. Recording, filing, and retrieving of [[financial data]], as well as producing those [[financial report]]s that are required by laws.
 
*[[Bookkeeping]]. Recording, filing, and retrieving of [[financial data]], as well as producing those [[financial report]]s that are required by laws.
  
==Related coursework==
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==Related lectures==
 
*[[Bookkeeping Quarter]].  
 
*[[Bookkeeping Quarter]].  
  
 
[[Category: Septem Artes Administrativi]][[Category: Articles]]
 
[[Category: Septem Artes Administrativi]][[Category: Articles]]

Latest revision as of 19:35, 4 January 2019

Creditor is anyone who has a claim to assets of a legal entity, but not an owner of this entity. For instance, a creditor can be the person or business to whom another business owes money for purchases made.


Definitions

According to College Accounting: A Practical Approach by Slater (13th edition)‎,

Creditor. Anyone who has a claim to assets.

Related concepts

Related lectures